What Are the Benefits of Using the Worker's Housing Financing Facility by BPJAMSOSTEK?
Lower Loan Interest
Easy Process
Lower Down Payment
Types of housing finance for workers
Housing Ownership Credit (KPR)
Housing Ownership Loan (KPR) aims to enable BPJAMSOSTEK participants to be able to own healthy, decent and affordable landed houses/flats.
- Loans for landed houses or flats.
- Maximum price of 500 million rupiah.
- Maximum credit period of 20 years.
- It is the first landed house or flat.
- The amount of Housing Ownership Loan provided to a participant is in accordance with the results of the analysis and complies with the applicable provisions at the channeling bank.
- Registered as a participant in BPJAMSOSTEK for at least 1 year.
- The company where the participant works administers the participation and contribution in an orderly manner.
- The participant has not owned a house yet as evidenced by a stamped duty letter.
- The participant is registered in at least 3 programs (JHT, JKK, JKM) and pays contributions actively.
- The company is not a company that registers part of the wages, labor and programs.
- The participant has obtained approval from the BPJAMSOSTEK branch office regarding the participation requirements as evidenced by the approval form.
- A spouse who is a BPJAMSOSTEK participant is only allowed to apply for 1 Housing Ownership Loan.
- The participant has complied with the terms and conditions related to KPR applicable to the channeling bank and the provisions of the authority that regulates the banking business sector.
Housing Renovation Loan (PRP)
The Housing Renovation Loan (PRP) aims to help participants by providing a number of funds for the needs of the participant's house renovation.
- The loan is used to renovate the participant's house as evidenced by a certificate of land rights in the name of the participant/participant's spouse and a building permit.
- Maximum credit period of 10 years..
- The amount of housing renovation loan financing provided to the participant is in accordance with the results of the analysis and meets the requirements in accordance with the applicable provisions at the channeling bank.
- Registered as a participant in BPJAMSOSTEK for at least 1 year.
- The company where the participant works administers the participation and contribution in an orderly manner.
- The participant is registered in at least 3 programs (JHT, JKK, JKM) and pays contributions actively.
- The company is not a company that registers part of the wages, labor and programs.
- The participant has obtained approval from the BPJAMSOSTEK branch office regarding the participation requirements as evidenced by the approval form.
- A spouse who is a BPJAMSOSTEK participant is only allowed to apply for 1 KPR.
- The participant has complied with the terms and conditions related to the KPR applicable to the channeling bank and the provisions of the authority that regulates the banking business sector.
- The participants is not in arrears in payment of contributions during the credit period to get a special interest rate.
Down Payment Housing Loan (PUMP)
The Housing Down Payment Loan (PUMP) aims to help participants by providing part or all of the down payment for the purchase of landed houses or flats.
- Loans for landed houses or flats.
- Maximum credit period of 15 years.
- This is the first landed house or flat.
- This applies to subsidized housing.
- The amount of down payment on housing loans provided to a participant is in accordance with the results of the analysis and meets the requirements in accordance with the applicable provisions at the channeling bank.
- Registered as a participant in BPJAMSOSTEK for at least 1 year.
- The company where the participant works administers the participation and contribution in an orderly manner.
- The participant has not owned a house yet as evidenced by a stamped duty letter.
- The participant is registered in at least 3 programs (JHT, JKK, JKM) and pays contributions actively.
- The company is not a company that registers part of the wages, labor and programs.
- The participant has obtained approval from the BPJAMSOSTEK branch office regarding the participation requirements as evidenced by the approval form.
- A spouse who is a BPJAMSOSTEK participant is only allowed to apply for 1 Housing Down Payment Loan.
- The participant has complied with the terms and conditions related to Housing Down Payment Loan applicable to the channeling bank and the provisions of the authority that regulates the banking business sector.
Worker Housing Financing Facility/Construction Loan (FPPP/KK)
The worker housing financing facility aims to assist housing development companies as a working capital to finance housing project development, starting from the cost of building a house to the completion of construction and the cost of building infrastructure and facilities.
- This can only be carried out for a cooperation scheme of at least 2 parties, (Social Security Agency for Employment and housing development companies).
- All houses built by the housing construction company must be allocated for BPJAMSOSTEK participants who meet the requirements.
- Maximum credit period of 5 years.
- The beneficiaries of worker housing financing facilities are housing construction companies that build housing which is part of the other benefits program of BPJAMSOSTEK.
- The company has obtained approval from BPJAMSOSTEK regarding the requirements as evidenced by the approval form.
- All houses built by the housing construction company must be sold to participants.
- The company has complied with the terms and conditions related to the employee housing financing facility applicable to the channeling bank and the provisions of the authority that regulates the banking business sector.
- The participant is not in arrears in paying contributions during the credit period to get a special interest rate.
- A housing development company that has met the requirements of each channeling bank.
- It has obtained the approval of the channeling bank.
- It has been registered as a participant of BPJAMSOSTEK.
- The housing construction company is registered in at least 3 Programs (JHT, JKK, JKM) and actively pays contributions.
- It is not a company that registers part of the wages, labor and programs.
- The participant must actively pay contributions during the credit period to get a special interest rate.
